170 College Street W Belleville, Ontario K8P 2G8
$699,000
Legal 5-plex in a great central location in Belleville. Sitting on a main bus route, close to schools, parks, shopping & the 401. This well-maintained property comprised of a large two-bedroom & 4 1-bedroom apartments. Three of which have large, partially fenced private yards. Some great features & updates in the last few years, including 5 owned HWTs. Separately metered, all tenants pay for their hydro & water, two high-efficiency natural gas furnaces(2021). The landlord pays heat. Metal roof(2020) Paved parking for 6-7 vehicles, one with recycled asphalt(2017). Most windows & Exterior doors are newer. Fire retrofitted in 2018 Four of the five apartments have been updated, including the upstairs apartment in 2023. Laminate & vinyl flooring, LED lighting & newer plumbing fixtures. Keyless entry on three apartments. New tub surrounds in 2 units. Fire-rated furnace room with sprinklers for fire compliance. Some newer appliances. Most are long-term tenants. **** EXTRAS **** 5 Glendale & basement (utility area) available for viewings prior to receiving an accepted offer. A great income property with a 6.3% cap rate. Electric baseboards not used. Current rent amounts still have real growth potential. (id:35492)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X9246951 |
| Property Type | Multi-family |
| Amenities Near By | Highway, Public Transit |
| Parking Space Total | 7 |
Building
| Bathroom Total | 5 |
| Appliances | Blinds, Refrigerator, Stove, Window Coverings |
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 0.23 Ac |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 124 Ft ,3 In |
| Size Frontage | 86 Ft ,3 In |
| Size Irregular | 86.33 X 124.3 Ft |
| Size Total Text | 86.33 X 124.3 Ft |
| Zoning Description | R2 |
https://www.realtor.ca/real-estate/27272894/170-college-street-w-belleville
Interested?
Contact us for more information
Jason Wood
Salesperson
www.jasonwood.ca/
(613) 392-6594
(613) 394-3394
remaxquinte.ca/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Durham Region Association of REALTORS®
RE/MAX Quinte Ltd.
September 03 2024 11:48:25
